Results Boost 100% Owned Project Located Among Major Producers
In a major boost for its 100% owned project, Lake Resources NL (ASX: LKE) announced today the discovery of multiple lithium brines over a zone of 144 metres (from 172 – 316m) at its Cauchari Lithium Brine Project in Argentina. The results show the potential for future production, with Cauchari adjoining other projects advancing towards production in the heart of the Lithium Triangle.
Discovery of multiple lithium brines over a 144m interval at Lake’s 100% owned Cauchari Lithium Brine Project, Argentina.
Results from 340 to 538 mg/L lithium with high flows show potential for future production, adjoining other projects progressing to production from 2020 in the heart of the Lithium Triangle.
Brine zones confirm continuity from similar brines in adjoining world-class major projects. The hole was terminated at 460m due to less permeable clay horizons from 326m, although conductive brines were intersected at 356m and 386m and will be reported shortly.
Detailed sampling to be completed by end July together with casing prior to the rig moving to Lake’s Olaroz Project.
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